MTBPS 2026 | Temporary fuel levy cuts offer some relief

Motorists will get some temporary relief from record high fuel prices after Finance Minister, Enoch Godongwana, announced a reduction in fuel levies.

Diesel will drop by R3 a litre, and petrol by R1.50 from the 4th of November, until the 1st of December.

Delivering National Treasury's Medium-Term Budget Policy Statement in Cape Town, Godongwana said the intervention will help ease cost of living pressures, without undermining the budget.

The move is expected to cost government R10 billion.

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